Devyani International Limited has informed the Exchange about change in Management
DEVYANI · price
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Awaiting price reaction for this filing.
Devyani International has formally disclosed the resignation of Mr. Shivashish Pandey from the role of CEO-Yum Brands, a position designated as Senior Management Personnel. The resignation takes effect from the close of business hours on February 28, 2026. The company had first flagged this development in an earlier intimation dated February 4, 2026, and is now submitting the resignation letter as Annexure I along with the detailed disclosure required under SEBI Listing Regulations. The company's overall CEO & President, Mr. Virag Joshi, and Group CHRO, Mr. Rajeshwar Tripathi, continue in their roles. The filing is signed by Pankaj Virmani, Chief Sustainability Officer & Company Secretary.
This is a leadership change at the divisional/brand level rather than at the company CEO level, so the immediate impact on shareholders is limited. Investors should watch for any successor announcement for the Yum Brands business, which likely covers KFC and Pizza Hut franchises operated by Devyani.